Article 3 Interpretation

In this Order:–

• “recognised body” means a body corporate recognised by the Council of the Law Society under section 9 of the Administration of Justice Act 1985;

• “member” means a person whose name is entered on the register of members of a recognised body;

• “beneficial owner” means a person on whose behalf a member holds any share in a recognised body as his nominee;

• “holding company” and

• “subsidiary” have the meanings assigned to them by Section 786 of the Companies Act 1985^f1 and “associated” in relation to two or more companies means two or more companies that are subsidiaries of the same holding company.